Elon Musk vows to start a new political party
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Stocktwits on MSNElon Musk-Led Tesla Urges Buyers To Take EV Deliveries Before Sept 30 After Trump Administration Kills $7,500 Tax CreditEV giant Tesla Inc. (TSLA) is urging potential customers to take delivery of their new vehicles before September 30 to qualify for $7,500 federal tax credit. Tesla shares were down 0.4% at the time of writing.
Days after leaving the White House, Elon Musk slammed President Trump's big tax bill. "I’m sorry, but I just can’t stand it anymore," Musk said.
Musk has conducted polls on whether he should sell his Tesla stock or to reinstate President Donald Trump to the platform.
But Tesla's troubles, though levered to Musk, may be deeper than Musk's distractions, such as politics, gaming, and colonizing Mars. A record fourth quarter delivery report in January seemed to indicate all was well with Tesla, but it doesn't tell the full story.
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Chief of Staff Susie Wiles told Miranda Devine on Wednesday that Elon Musk and Donald Trump's relationship had a "troublesome ending."
Elon Musk took his ongoing feud with former Donald Trump adviser Steve Bannon to new, dark and unsubstantiated depths on Tuesday morning. A day after the Department of Justice and FBI announced that there was no “client list” for late convicted sex offender and disgraced financier Jeffrey Epstein,
Tesla stock is sliding on Monday after CEO Elon Musk's latest foray into politics, and Wall Street is growing concerned over the loss of EV tax and regulatory credits stemming from Trump's "One Big Beautiful Bill.
The fallout between Elon Musk and Donald Trump came as no surprise to those who have worked closely with the individuals, such as OpenAI's Sam Altman.